CHINA

Russia And China Start Six-Day Joint Naval Drill

Joint naval exercises
China and Russia began their first joint naval exercise Sunday in the Yellow Sea off China's east coast, China's official news agency Xinhua reported. The six-day joint naval drills are being conducted amid the Chinese standoff with its neighbors over territorial disputes.
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FOMC

All Eyes On April FOMC, US 1Q GDP: Next Week’s Economic Events

The Federal Open Market Committee meeting on April 24-25, Fed Chairman Ben S. Bernanke's comments during the post-meeting press conference, and an advance reading on U.S. gross domestic product in the first quarter will dominate the economic calendar next week.
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G20 pledges more than $430 billion for IMF

The Group of 20 nations on Friday pledged more than $430 billion to better than double the International Monetary Fund's lending capacity and protect the global economy from the euro zone's debt crisis.
South Sudan

Sudan and South Sudan: The Global Impact Of A New War

With forces gathering on both sides of the Sudan-South Sudan border, it seems that the two nations are again headed toward all-out war, which would be devastating to both countries and their international partners.
IMF raises its GDP growth forecast for the U.S.

IMF Eyes BRICS To Meet $400B Fundraising Goal

The International Monetary Fund is eyeing Brazil, Russia, India, China and South Africa, a bloc of countries commonly known as BRICS, to meet its goal, set by the institution's managing director Christine Lagarde, to raise at least $400 billion of additional funds to safeguard the global financial system against the euro zone sovereign debt crisis.
A 2012 Ford Focus

Ford Plans $760 Million Factory in China

Ford Motor Co. (NYSE: F) said Thursday it will build a $760 million assembly plant in Hangzhou as part of a plan to double its production capacity in China by 2015 and catch up with global rivals.

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